Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Requirements: Print off the financial statements (income statement, balance sheet, statement of retained earnings, statement of stockholders equity, and the statement of cash flows) for
Requirements: Print off the financial statements (income statement, balance sheet, statement of retained earnings, statement of stockholders equity, and the statement of cash flows) for General Mills and Kelloggs.
Compare and contrast the two companys financial statements and write a 1 paragraph summary comparison for each statement.
In addition, compare and contrast the notes to the financial statements for property, plant and equipment (only). This comparison should be completed in no more than 3 paragraphs.
General Mills (generalmills.com) General Mills, Inc., is an American multinational manufacturer and marketer of branded consumer foods sold through retail stores. It is headquartered in Golden Valley, Minnesota, a suburb of Minneapolis. Stock price: GIS (NYSE) $61.33 -0.03 (-0.05%) Nov 18, 11:11 AM EST Disclaimer Headquarters: Minneapolis, MN CEo: Ken Powell (Sep 24, 2007-) Revenue: 16.6 billion USD (2016) Founded: June 20, 1856, Minneapolis, MN Kellogg's (kelloggcompany.com) The Kellogg Company is an American multinational food manufacturing company headquartered in Battle Creek, Michigan, United States. Stock price: K (NYSE) $73.15 -0.29 (-0.39%) Nov 18, 11:15 AM EST Disclaimer Headquarters: Battle Creek, MI CEO: John A. Bryant (Jan 2, 2011-) Revenue: 15 billion USD (2016) Founded: February 19, 1906 General Mills (generalmills.com) General Mills, Inc., is an American multinational manufacturer and marketer of branded consumer foods sold through retail stores. It is headquartered in Golden Valley, Minnesota, a suburb of Minneapolis. Stock price: GIS (NYSE) $61.33 -0.03 (-0.05%) Nov 18, 11:11 AM EST Disclaimer Headquarters: Minneapolis, MN CEo: Ken Powell (Sep 24, 2007-) Revenue: 16.6 billion USD (2016) Founded: June 20, 1856, Minneapolis, MN Kellogg's (kelloggcompany.com) The Kellogg Company is an American multinational food manufacturing company headquartered in Battle Creek, Michigan, United States. Stock price: K (NYSE) $73.15 -0.29 (-0.39%) Nov 18, 11:15 AM EST Disclaimer Headquarters: Battle Creek, MI CEO: John A. Bryant (Jan 2, 2011-) Revenue: 15 billion USD (2016) Founded: February 19, 1906Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started